Monday, July 13, 2009

Signs of recovery may drive the market higher

Last week was pretty negative for North American markets. This week, US earnings reports will give us a sense of the state of the economy. Signs of recovery may drive the market higher, but negative news might
accelerate the recent sell off. Over the next few months, we are
likely to see ongoing uncertainty, as the market seeks direction. On Saturday, I discussed positioning your portfolio for the current market volatility. I focused on choosing investments with income, like dividends or interest, as the core for surviving these dangerous times. If you missed my show, visit www.am980.ca, or give me a call, and we may discuss it one on one.

Do you want to discuss your alternatives?
Have you outgrown your mutual funds?


For a review your portfolio, or a complimentary copy of my CD, visit, www.beyondfunds.ca or call me, Jeff Wareham, at 519 660 3260. This program is for information purposes only. Fees, management fees and commissions may be associated with mutual fund investing. Investors should consult their prospectus before investing. Views expressed are those of the author, not Scotia Capital. ScotiaMcLeod is a division of Scotia Capital, member CIPF

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